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Exxon Says Scientists Boost Lipid Content From Algae In Lab Study

ExxonMobil and Synthetic Genomics say they had found a way to more than double the amount of lipids produced by algae in a lab.
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Libya's Oil Output Rises To 885,000 Bpd Following Wintershall Deal

Libya's oil production has risen by over 50,000 barrels per day (bpd) to 885,000 bpd after the state oil firm settled a dispute with Germany's Wintershall.
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Oil Tankers Store Most Oil This Year as Glut Won't Die

Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region.
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Industry to Benefit from Tech Talk Events

Industry Technology Facilitator (ITF) is launching a series of tech talk events to support and promote the developer community and increase interaction with oil and gas operators.
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Hess To Sell Permian EOR Assets To Occidental For $600 Million

Hess says it will sell its stake in enhanced oil recovery (EOR) projects in the Permian Basin of West Texas and New Mexico.
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Saudi Navy Seizes Boat With Weapons Near Offshore Oilfield

The Saudi navy seizes a boat carrying weapons as it approached the kingdom's offshore Marjan oilfield in the Gulf.
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A Newcomer's Guide to Oil and Gas: The Upstream Zoo

Here's a breakdown of some of the "critters" you can find on a drilling rig.
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Mercuria, Petrochina Selling Fuel Oil Stored Offshore Singapore, Malaysia

Mercuria and Chinese state oil giant PetroChina are selling fuel oil stored in vessels off Singapore and southern Malaysia, several trade sources say.
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ExxonMobil To Proceed With Development Of Liza Field Offshore Guyana

ExxonMobil says it will proceed with the development of one of the largest oil discoveries of the past decade, the Liza oil field.
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Oil Prices Edge Up; Still Near 2017 Lows On Stubborn Glut

Oil prices bounced up off the year's lows as some producers reduced exports and US rig additions slowed, but the rebound was modest.
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Tunisia Gas Field Protesters Reach Deal, Production To Restart

Protesters blockading oil and gas fields in southern Tunisia have reached an agreement with the government to end a sit-in and allow production to restart immediately.
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Gadfly: Pipeline Masters Have Turned Into Puppets of Oil Prices

If you invest in MLPs, look away now.
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Commodity Weekly: OPEC Cuts not Cutting It

The fall in oil prices over the past week is indicative of the consensus view that the coordinated output cut among OPEC and non-OPEC is inadequate.
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Germany Threatens Retaliation If US Sanctions Harm Its Firms

Germany threatened to retaliate against the United States if new sanctions on Russia being proposed by the US Senate end up penalizing German firms.
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Siccar Point Energy Relocates to New HQ

North Sea exploration and production company Siccar Point Energy relocates its staff to H1 at the Hill of Rubislaw in Aberdeen.
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Tanker Firm Frontline Expects Rise In Storage Of Oil On Vessels

Frontline expects a growing number of supertankers to be used for storing crude in anticipation of higher oil prices.
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Haugh: Energy Lags Other Industries on Employee Consumer Health Education

A recent energy survey by Ascende finds that high deductible healthcare plans are on the rise, but employee health education is lacking.
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India's 2017 Diesel Imports May Rise To Highest Since At Least 2011

India's diesel imports this year may rise to the highest since at least 2011.
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Two Killer Refinery Fires No Help as Pemex Seeks Partners

Pemex's bid to recruit partners to help run their facilities "was already a tough sell" because of the condition of the aging plants, said Tim Samples.
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Official Panel: Canada Oil Sands Need More Emissions Measures

Canada's oil sands need more emissions-cutting measures and monitoring, an official panel says.
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